Accounting Profession News
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SEC votes to give shareholders more say on directors
The Securities and Exchange Commission in USA proposed rules Wednesday that could strip away some of the power that CEOs…
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Back to the drawing board for proposed auditing standard
The IFAC proposal for an auditing standard on reviews of interim financial information should not be adopted in its current…
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Ernst & Young Chief Leaves After Holding Post a Year
The global chief executive of Ernst & Young, whose efforts to hide his wealth during divorce proceedings backfired with the…
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Training programme on comprehensive auditing in Oman
MUSCAT — A training programme on comprehensive auditing of projects started at Hotel Crowne Plaza here yesterday. It is organised…
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Deloitte decides one word will suffice
Deloitte Consulting and Deloitte Touche Tohmatsu have combined their operations into one business to be known simply as Deloitte, the…
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Andersen lawyer tells appeals court that judge prevented fair trial
Former Big Five accountant Arthur Andersen LLP was denied a fair trial last year by a judge who undercut the…
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Consulting unit helps Big Blue grow
A year ago Thursday, the computing giant completed its purchase of the accounting company's consulting unit. IBM combined the roughly…
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Small accounting firms urged to merge, form alliances
Smaller accounting firms in Malaysia have been urged to merge or form alliances to increase the breadth of services they…
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SEC charges fifth KPMG partner in Xerox audit case
The U.S. Securities and Exchange Commission said on Friday it amended a pending civil fraud action against KPMG to charge…
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Online auditing from this year
Punjab Accountant-General Pervez Ahmad Qureshi has said that newly introduced online system for accounting and auditing; the Project for Improvement…
